| Arch Coal reports 1Q loss | |
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ST LOUIS (AP) -- Arch Coal Inc. (ACI) on Tuesday reported a loss of $113.2 million in its first quarter.
On a per-share basis, the St. Louis-based company said it had a loss of 53 cents. Losses, adjusted for amortization gains, were 54 cents per share.
The results did not meet Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for a loss of 48 cents per share.
The coal producer posted revenue of $677 million in the period, also falling short of Street forecasts. Four analysts surveyed by Zacks expected $728.3 million.
The company's shares closed at $1.06. A year ago, they were trading at $4.97.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ACI at http://www.zacks.com/ap/ACI
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Keywords: Arch Coal, Earnings Report
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Arch Coal Inc
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PRODUCER |
CODE : ACI |
ISIN : US0393801008 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Arch Coal is a coal producing company based in United states of america. Arch Coal holds various exploration projects in USA. Its main assets in production are WEST ELK, BLACK THUNDER and JACOB'S RANCH in USA and its main asset in development is SPRUCE N° 1 in USA. Arch Coal is listed in Germany and in United States of America. Its market capitalisation is US$ 366 000 as of today (€ 317 981). Its stock quote reached its highest recent level on June 27, 2003 at US$ 99.96, and its lowest recent point on October 04, 2018 at US$ 0.01. Arch Coal has 36 600 000 shares outstanding. |